AUD/JPY surrenders quick gains and drops below 91.00 despite Australian Inflation soars

France Nouvelles Nouvelles

AUD/JPY surrenders quick gains and drops below 91.00 despite Australian Inflation soars
France Dernières Nouvelles,France Actualités
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

AUD/JPY surrenders quick gains and drops below 91.00 despite Australian Inflation soars – by Sagar_Dua24 AUDJPY RBA BOJ Inflation PMI

Australia’s monthly inflation has accelerated to 6.8% while the street was anticipating a marginal rebound to 6.4% from the former release of 6.3%. This could be the reason why the Reserve Bank of Australia decided to raise interest rates surprisingly by 25 basis points to 3.

The Japanese Yen has got some strength after Bank of Japan Governor Kazuo Ueda’s commentary. BoJ Ueda cited that an increase in inflationary pressures have been caused by supply factors such as a rapid rise in commodity prices, labor shortages, and disruptions to supply chains. On Tuesday, BoJ Ueda stated that the central bank will continue its bond-buying operations to keep inflation steadily above 2%.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

FXStreetNews /  🏆 14. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

AUD/JPY Price Analysis: Stays firm with small gains, upbeat sentiment could fuel ascentAUD/JPY Price Analysis: Stays firm with small gains, upbeat sentiment could fuel ascentAUD/JPY begins the week on the right foot, though almost unchanged as Tuesday’s Asian session begins, registering minuscule gains of 0.05%, below the
Lire la suite »

AUD/JPY Price Analysis: Slips from weekly highs on risk-off impulse, further downside expectedAUD/JPY Price Analysis: Slips from weekly highs on risk-off impulse, further downside expectedAUD/JPY retraces from weekly highs of 92.01, drops for two straight days, on sentiment deterioration sponsored by US debt-ceiling woes, as traders bra
Lire la suite »

US inflation to be significantly lower than Eurozone inflation at the end of 2023 – NatixisUS inflation to be significantly lower than Eurozone inflation at the end of 2023 – NatixisWhy will inflation fall so much faster in the United States than in the Eurozone? Analysts at Natixis explain the reasons for this asymmetry between t
Lire la suite »

Dollar elevated as sticky inflation cements Fed hike bets, debt ceiling deal lifts optimismDollar elevated as sticky inflation cements Fed hike bets, debt ceiling deal lifts optimismThe dollar was firm on Monday as economic resilience in the United States raised market expectations for further rate hikes by the Federal Reserve, while news that a debt ceiling deal had been finalised sparked some risk-on sentiment.
Lire la suite »

Women at Higher Risk for Inflation-Related StressWomen at Higher Risk for Inflation-Related StressNew findings indicate which groups are more likely to have inflation-related stress but do not clarify the relationship between this stress and disparities in health outcomes.
Lire la suite »



Render Time: 2025-03-05 00:33:19